Block Renovation: Raises $40M in Funding

Block Renovation Raises $40M in Funding

• Block Renovation, a NYC-based renovation platform that uses technology to simplify and improve home renovations, raised $40m in funding
• The round was led by Giant Ventures with participation from NEA, Morningside, Lerer Hippeau, and Obvious Ventures
• The company, which has raised $54M in venture funding to date, intends to use the funds to continue to expand operations and its business reach
• Block is a renovation platform that uses technology to simplify and improve home renovations
• The platform brings designers, contractors, and vendors together to create a premium and simplified consumer product
• The company offers homeowners clients a predictable renovation with a dedicated designer, a pre-vetted general contractor, and access to its design system and suite of homeowner tools